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20130209
20130209
Search Results 0 to 3 of about 4 (some duplicates have been removed)
the feds would have to furlough hundreds of thousands of workers. jennifer griffin is at the pentagon tonight. how bad do officials say this will be for the military. >> in if you listen to the military, really bad. >> instead of a first rate power in the world second rated power that would be the result of sequester. >> you won't hear this chairman arguing we need to do more with less. if that happens we need to do less with less. >> the real problem is as the u.s. and allies. adversaries are doing opposite. russia will surpass defense spending in just two years. china is slated to overtake the u.s. in 2035, shepard. >> shepard: jennifer, analysts are saying that the u.s. defense budget is still larger than the next 13 countries combined. how in the world could this make us a second rate power? if is six times larger than china's official defense spending. >> you have seen double digit a increases in chinese defense spending for more than 15 years now. that should not only give pause to the united states but it really should be a source of concern for the countries in the region as w
to some of the employees, civilian employees of the pentagon and some other places. the 85 billion in cuts is through the rest of the fiscal year through september 30th and we're not even talking a full year. it's 50/50 between the defense cuts and the discretionary am doestic spending cuts and the warnings that we're hearing from experts on national security are very severe and vehement. they have told us that this will be a very significant damage. >> let's put the list up here, alex. the white house put out this fact sheet yesterday on the most damaging effects of the cuts that are supposed to go into effect march 1st. 17,000 education jobs at risk. 70,000 kids being kicked off head start. nearly 400,000 mentally ill patients not receiving health care and small business loan guarantees being cut up to $540 million, roughly. the white house did not mention the massive military cuts. what was the strategy there? >> well, look. i think that for the white house, the strategy here is to emphasize that basically every american would be impacted in some way. if you emphasize defense cuts and i
Search Results 0 to 3 of about 4 (some duplicates have been removed)